Bitcoin's fundamentals held up well during the latest dip, suggesting underlying strength, Swissblock analysts said.

Key takeawaysAs of 2024, around 10% of Canadians held cryptocurrencies, including Bitcoin, positioning the country ahead of Australia, Germany and Norway in adoption.Bitcoin is classified as a commodity in Canada,

Bitcoin jumped more than 6% after Trump announced a one-month delay on auto tariffs for Canada and Mexico, easing market concerns.

According to a recent post on X by U.S. President Donald Trump, the United States will impose additional tariffs if Canada follows through with its retaliatory measures. Trump warned that any tariff increase from Canada would be met with an equal or greater response from the U.S.

Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.

Shares of the iShares Bitcoin Trust ETF ( IBIT -2.39%) fell 17% in February, according to data from S&P Global Market Intelligence. The BlackRock exchange-traded fund essentially tracks the price of Bitcoin.

A Canada-based crypto mining company is acquiring ... from the coal-fired stations to power its energy-intensive bitcoin mining operations. Bitfarms already has a presence in Pennsylvania, having ...

Bitcoin rebounds after U.S. Commerce Secretary Howard Lutnick hints at possible tariff relief, while Satoshi-era Bitcoin wallets moves $22 million after 14 years.